Mirage By The Lake, Cyberjaya, By OSK
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 Nov 7 2017, 04:22 PM
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#21
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All Stars
21,456 posts Joined: Jul 2012  
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QUOTE(junbow @ Nov 7 2017, 06:57 AM) Abang ice, off course no different for what you mentioned.. White cat got fed and black cat got starved.I just want to share the reason behind of why so many auction for MBTL Phase 2 block B with huge cashback and selfish singaporean owner  This post has been edited by icemanfx: Nov 7 2017, 04:23 PM |
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Jan 18 2018, 08:15 AM
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#22
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All Stars
21,456 posts Joined: Jul 2012
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MBTL is one of the earliest development to vp during the 2011-2014 frenzy, is a early indicator of what is to come in cj.
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Jan 18 2018, 07:40 PM
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#23
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All Stars
21,456 posts Joined: Jul 2012
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QUOTE(MSS @ Jan 18 2018, 07:34 PM) 6% yield based on 420k, don't forget previous owner buy more than that, Property investment is a zero sum game. Previous owner took the risk and lost. During the bull run, flippers justified their rewards/profits for the risks they took. Similarly, they swallow loss also. |
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Feb 9 2018, 01:39 AM
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#24
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All Stars
21,456 posts Joined: Jul 2012
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QUOTE(junbow @ Feb 8 2018, 11:40 PM) This unit was rent out to a US guy & a UK guy, they leave already? do you know what is the reason? How many reason bank could lelong collateral/changed property?curious why this unit will kena lelong, it rent out 2.6k before this.. just few month ago just 2nd bedroom aircon got leaking..no major issue i think btw..singaporean owner again  |
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Feb 9 2018, 03:59 PM
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#25
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All Stars
21,456 posts Joined: Jul 2012
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QUOTE(JustNobody @ Feb 9 2018, 03:05 PM) You have to deduct the maintenance fee and also, not forgetting the lawyer fee, stamp duty, mot, blah blah... I guess it is roughly above 5% ROI. Also income tax on rental income is at top line with limited deductible. |
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